FOR IMMEDIATE RELEASE

CONTACT:
Sheryl L. Cautero
Office Administrator
Reichel Realty & Investments, Inc.
4524 Gun Club Road, Suite 212
West Palm Beach, Florida 33415
(561) 478-4440, Fax (561) 478-4442
scautero@reichelrealty.com
www.reichelrealty.com

Reichel Realty successfully completes 3,874sf Lease for Neighborhood Variety Stores, Inc.

WEST PALM BEACH, FL - March 4, 2002 - Reichel Realty is pleased to announce the lease of 3,874sf of commercial retail space at Burma Commerce Center, Palm Beach Gardens, Florida. The space was leased to Neighborhood Variety Stores, Inc., d/b/a Crafts & Stuff, of North Palm Beach, Florida. The lease has a (5) five-year term and is valued at $209,828.

William B. Reichel, President successfully handled the transaction. Reichel Realty & Investments, Inc., exclusively represented the Landlord Burma Properties, Inc., of Palm Beach Gardens, Florida.

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